Question: Print ltem units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the Cost of Merchandise Sold

Print ltem

units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the Cost of Merchandise Sold Unit Cost column and LOWER unit cost firs the Inventory Unit Cost column.

Perpetual Inventory Account

LIFO Method

Portable Game Players

Date

Quantity

Purchases

Purchased

Apr.

1

Apr.

10

Apr.

15

Apr.

20

Apr.

24

Apr.

30

Apr.

30

Balance

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Cost of Merchandise Unit Cost

Purchases

Total Cost

Quantity

Sold

Unit Cost

Total Cost

Inventory

Quantity

Inventory

Unit Cost

Inventory

Total Cost

Cost of

rchandise

Print ltem units are in inventory at two different costs, enter

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